Note: You do not need to own a Team or be a member of a Team to create an online meeting.
Microsoft Teams is a chat-based collaborative workspace that brings together people, content and conversations. Office applications such as Word, Excel, PowerPoint and OneNote are connected to Teams, similar to Slack. It is available through the App Launcher/Waffle in OWA.
You do not need to belong to a Team in order to use the features in the Teams app. You have access to all the same functionality, including Chat, Files, video or audio calls and meetings.
You may consider requesting a Team for a group project or for a department or section in order to keep chats, shared files etc. organized in one easy-to-find place. For example, files shared in the Chat feature (on the left-hand menu) don't appear in the Files, so you'd have to rely on the Search to find them if you have a lot of Chats to scroll through.
Types of Teams
Private Teams for central storage, collaboration spaces and workflow opportunities. One Site Collection may be created per University Division.
Project Teams can be used for collaborative projects or committees across departments.
Note: Academic and Collaborative Technologies (ACT) has integrated Teams with Quercus recently so that faculty can use it for teaching.